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Showing posts with the label Nick Buckles

Rewarding failure with shedloads of money...

There has been much commentary in the media about the shed-loads of cash awarded to the failed and recently retired bank chief executives, as they hang their heads without too much shame in their financial services trough. Then there's the dismal senior executives in councils up and down the land who, having fouled-up in their Boroughs, leave with huge golden handshakes, only to pop up again in a different Borough, on an equally huge remuneration. And more recently, chief executive of G4S, Nick Buckles, not as yet resigned, but on a salary of £890k and reckoned to walk away with £20million should he resign. That these people are handsomely rewarded for sheer incompetence and total failure, there can be no doubt, but there are others outside these high-profile merchants. Take Frankie Cocozza (and quite frankly, I wish someone would - as far away as possible), one of the rejects form the finals of X-Factor. So well-known, that his name has to be subtitles with "former X-...